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, providing a comparative perspective against the established codes of the United Kingdom Saudi Arabia
The landscape of corporate governance in the Gulf Cooperation Council (GCC) has undergone a radical transformation over the last two decades. Historically characterized by concentrated family ownership and regulatory opacity, GCC markets are increasingly adopting Anglo-Saxon governance principles to attract foreign direct investment (FDI) following their inclusion in major global indices like MSCI and FTSE Russell.
: Listed companies must have a minimum of five board members (banks require 11). Independence
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